51Talk director exercises 50,336 RSUs into shares
51Talk Online Education Group director Jimmy Y. Lai exercised restricted share units into common shares.
Rhea-AI Filing Summary
51Talk Online Education Group director Jimmy Y. Lai exercised restricted share units into common shares. On June 1, 2026, he converted 50,336 Restricted Share Units (RSUs) into 50,336 Class A ordinary shares at an exercise price of $0.00 per share.
The RSUs were originally granted on June 1, 2024 under the company’s share incentive plans and vested in a single installment on June 1, 2026. Following this vesting and conversion, no Class A ordinary shares remain subject to future vesting under this RSU award, and Lai now holds 2,982,236 Class A ordinary shares directly. The Class A ordinary shares are held in the form of American depositary shares, with each ADS representing sixty Class A ordinary shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units (RSUs) | 50,336 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Share, par value US$0.0001 | 50,336 | $0.00 | $0.00 |
Footnotes (4)
- F1. The Class A ordinary shares are held in the form of American depositary shares ("ADS"). Each ADS represents sixty Class A ordinary shares.
- F2. Represents restricted share units ("RSUs") granted to the reporting person pursuant to the issuer's share incentive plans. Each RSU represents the contingent right to receive one (1) Class A ordinary share of the issuer upon vesting.
- F3. The RSUs vested on June 1, 2026.
- F4. The reporting person was granted 50,336 RSUs on June 1, 2024, subject to a vesting schedule of a single installment on June 1, 2026. Following the vesting reported herein, no Class A ordinary shares remain subject to future vesting under this award.
Key Figures
Key Terms
vesting schedule financial
FAQ
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